Ass. member Adolf K.Y. Ng published a study to be featured in Research in Transportation Economics, entitled: "The Implications of the Re-Establishment of Direct Links Across the Taiwan Strait on the Aviation Industries in Greater China". The paper forms part of the special issue Transport Development in China (co-edited by Adolf K.Y. Ng and James J. Wang).

The paper investigates the economic implications of the liberalization of air transportation across the Taiwan Strait to the region's aviation industries, including airlines and airports. Analysis suggests that liberalization has brought substantial benefits to airports and airlines in Mainland China and Taiwan. Negative impacts to Hong Kong are largely compensated by traffic increase in routes linking Mainland China. In general, Taiwanese airports and airlines have benefited more from liberalization compared to airports and airlines on the mainland and Hong Kong. Such asymmetric effect is due to the larger size of the Mainland Chinese aviation market, which allows Taiwanese airlines to exploit network-related benefits. Finally, the paper suggests that foreign hub carriers and medium sized Chinese airports will benefit most from China's future liberalizations.

For further information about the paper, please contact Adolf @ This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

The paper can be downloaded via the Journal's webpage @ http://www.sciencedirect.com/science/article/pii/S0739885911000631